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Sweet Treats Bakery has the following account balances at year-end: Table showing accounts balances as follows, Accounts Receivable, $60,000; Allowance for doubtful accounts, 2,800; Sales
Sweet Treats Bakery has the following account balances at year-end: Table showing accounts balances as follows, Accounts Receivable, $60,000; Allowance for doubtful accounts, 2,800; Sales discounts, 1,200. What should be reported as the net amount of accounts receivable? Select answer from the options below $60,000 $56,000 $57,200 $58,800
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